Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered by the lack of a suffciently comprehensive theoretical framework to interpret empirical facts and to predict yet untested relations. We present a life-cycle model that...

I offer a way out of the Taubman-Goldberger controversy on the public policy (ir)relevance of heritability studies by arguing for a quasi-experimentally controlled comparison of the estimates that these studies provide. If the environments individuals are exposed to are under such control,...

This paper examines the effect of differences in ability on the timing and number ofchildren. Higher skilled women have less disutility of labor and have relatively lessutility of raising children. Motherhood has a negative effect on the accumulation ofhuman capital by learning-by-doing and...